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Acquisitions, innovation lift Ferrero | Baking Business

Annual revenues at acquisitive Nutella maker Ferrero jump 21%, ET BrandEquity

Ferrero, whose global workforce expanded 14% to reach some 47,200 employees as of last August, said it expanded its production capacity to meet increasing demand for its products.

US acquisition and organic growth boost Ferrero s turnover

The Ferrero Group said it is continuing its growth trajectory with a 21% increase in turnover to €17 billion ($18.25bn) and a 14% rise in its global workforce to 47,212 employees, following the recent successful strategic acquisition of North of ice cream maker Wells Enterprises Inc.

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